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    18 N 2Nd St Memphis, TN 38103

    For Sale
    $900,000

    Other (See REMARKS) - Memphis, TN

    Days on Market:
    123
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 18 N 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1903
    Architectural style
    Other

    The Peyton Company, Inc Realtors (901) 550-3060 [email protected]

    Listing agent Darlene Butler (901) 345-5555

    Listing date Aug 5, 2025

    MLS# 10201822 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Memphis Mixed-Use Investment

    Located in Downtown Memphis, this mixed-use complex offers an investment opportunity in a strategically positioned property. The site benefits from high visibility and consistent foot traffic, situated near landmarks such as the Peabody Hotel. The location is surrounded by cultural, commercial, and entertainment venues. The flexible zoning supports a variety of uses, potentially maximizing return on investment. The property offers versatility and prominence in a desirable Memphis district, suitable for retail, dining, office suites, or residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    350 Baked Bakery Immerse Health and Wellness Medical Clinic Miekas Massages & Manicures Massage Spa HAIRY BUSINESS BARBERSHOP, ... Barber Shop

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0508235
    Latitude
    35.145277

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility mixed-use property in the heart of Downtown Memphis.
    Where is this mixed-use property located?
    The property is located at 18 N 2Nd St Memphis, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime Downtown Memphis Location: Vibrant area near cultural, commercial, and entertainment hubs.; - High Foot Traffic: Excellent for retail, dining, and service-oriented businesses.; - Flexible Zoning: Supports diverse uses to maximize return on investment.
    (901) 345-5555
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    Memphis, TN 38103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 N 2Nd St Memphis, TN 38103
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